Here’s a letter confirming where Trident Seafoods Corp. now stands on its proposed $4.35 million purchase of troubled Wrangell Seafoods Inc.
The deal is off.
Trident president Paul Padgett seems to blame WSI representatives for the purchase falling apart.
His letter to WSI chairman Douglas Roberts says certain labor-related allegations weren’t disclosed to Trident at the time the sale agreement was put together.
Hmm. Wonder if this will get messy? A lot of lawyers already are involved.
Wrangell city officials were hopeful the sale would go through so the plant, now mired in bankruptcy proceedings, could operate this summer.
The Wrangell Sentinel has reported that another suitor for WSI might be in the wings now: E.C. Phillips and Son Inc. of Ketchikan.